Evotec SE ADR (NASDAQ: EVO)’s stock price has plunge by 1.29relation to previous closing price of 3.87. Nevertheless, the company has seen a 11.36% surge in its stock price over the last five trading sessions. accesswire.com reported 2024-10-30 that HAMBURG, GERMANY / ACCESSWIRE / October 30, 2024 / Evotec SE (Frankfurt Stock Exchange:EVT)(MDAX/TecDAX, ISIN: DE0005664809)(NASDAQ:EVO) will announce its financial results for the first nine months of 2024 on Wednesday, 06 November 2024. The Company is going to hold a conference call to discuss 9-months results as well as to provide an overview on the ongoing priority reset and the strategic review process.
Is It Worth Investing in Evotec SE ADR (NASDAQ: EVO) Right Now?
Additionally, the 36-month beta value for EVO is 1.39. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 rating it as “hold,” and 1 rating it as “sell.”
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The public float for EVO is 277.01M and currently, short sellers hold a 0.09% ratio of that float. The average trading volume of EVO on November 01, 2024 was 112.65K shares.
EVO’s Market Performance
EVO’s stock has seen a 11.36% increase for the week, with a 16.67% rise in the past month and a -9.47% fall in the past quarter. The volatility ratio for the week is 2.17%, and the volatility levels for the past 30 days are at 2.07% for Evotec SE ADR The simple moving average for the past 20 days is 15.48% for EVO’s stock, with a -25.72% simple moving average for the past 200 days.
Analysts’ Opinion of EVO
Morgan Stanley gave a rating of “Equal-Weight” to EVO, setting the target price at $6 in the report published on July 29th of the current year.
EVO Trading at 13.66% from the 50-Day Moving Average
After a stumble in the market that brought EVO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -67.33% of loss for the given period.
Volatility was left at 2.07%, however, over the last 30 days, the volatility rate increased by 2.17%, as shares surge +14.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.70% upper at present.
During the last 5 trading sessions, EVO rose by +11.22%, which changed the moving average for the period of 200-days by -50.88% in comparison to the 20-day moving average, which settled at $3.39. In addition, Evotec SE ADR saw -66.58% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for EVO
Current profitability levels for the company are sitting at:
- -0.14 for the present operating margin
- 0.16 for the gross margin
The net margin for Evotec SE ADR stands at -0.22. The total capital return value is set at -0.07. Equity return is now at value -15.59, with -7.92 for asset returns.
Based on Evotec SE ADR (EVO), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at -0.13. The debt to equity ratio resting at 0.47. The interest coverage ratio of the stock is -8.87.
Currently, EBITDA for the company is -7.16 million with net debt to EBITDA at -3.09. When we switch over and look at the enterprise to sales, we see a ratio of 1.95. The receivables turnover for the company is 3.03for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.83.
Conclusion
In conclusion, Evotec SE ADR (EVO) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
